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Transfer of engagements of approved societies, etc.
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15.—On the day of transfer in respect of every approved society—
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(a) the engagements of such approved society under the Acts shall be transferred to the Unified Society; and
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(b) such approved society shall cease to carry on health insurance business; and
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(c) the insured members of such approved society shall be transferred to and become members of the Unified Society; and
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(d) the services of all persons engaged in the administration of health insurance business carried on by such society shall be terminated.
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